Featured exterior photo of 532 Prideaux St, Nanaimo, BC
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Days On Market: 360
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3 2 1,334 sqft
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Residential

$604,000
532 Prideaux St, Nanaimo, BC

Address

532 Prideaux St, Nanaimo, BC

Price

$604,000

Bedrooms

3

Bathrooms

2

Square Feet

1,334

Property Description

This downtown Nanaimo property offers a rare opportunity for small to mid-scale developers entering the multi-family market. While currently generating rental income as a single-family home, its true value lies in the approved development permit for a fourplex with four three-bedroom units. Each unit features a family-friendly layout, private exterior balcony, and townhouse-style entry. Two units will enjoy limited ocean views. This design balances privacy and community—features today’s buyers value. New three-bedroom builds are scarce in Nanaimo, making this project especially appealing. It meets all required parking and exemplifies “missing middle” housing by delivering practical density without sacrificing livability. With approvals in place and attractive floorplans, this is an excellent build-to-sell or build-to-hold opportunity in a market with high demand and low supply. Measurements Approx. Verify if important.

Room Details

Bathroom

Level: Main level

Dimensions: Measurements not available x 4 ft
Size: Width: 4 ft

Bathroom

Level: Main level

Dimensions: 7 ft x 6 ft
Size: 6 ft × 7 ft

Bedroom

Level: Main level

Dimensions: 15\'10 x 12\'8

Bedroom

Level: Main level

Dimensions: 12\'6 x 12\'9

Bedroom

Level: Main level

Dimensions: 12 ft x 12 ft
Size: 12 ft × 12 ft

Entrance

Level: Main level

Dimensions: 12 ft x Measurements not available
Size: Length: 12 ft

Kitchen

Level: Main level

Dimensions: 17\'3 x 13\'7

Living room

Level: Main level

Dimensions: 17\'3 x 18\'3
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Contact Scott Parker Personal Real Estate Corporation for more information

(250) 751-1223
scott@scottparker.ca
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Property Details

MLS® Number: 996747
Property Type: Residential
Property Subtype: Single Family Detached
Status: Active
Lot Size: 0.20 acres
Area: Nanaimo - Na Old City
Annual Tax: $3,291 (2024)
Days on Market: 360 days

Additional Property Details

Building Type: House
Construction Date: 1910
Interior Size: 2668 sqft
Cooling: None
View: Ocean view

Parking & Land Details

Parking Spaces: 4
Land Size: 8793 sqft
Acreage: false

Landscape & Property Information

Irregular Land Size: 8793
Ownership Type: Freehold
Transaction Type: For sale

MLS® Number

996747

Property Photos

Property Landing Page Open shareable magazine-style page

Property Location

532 Prideaux St, Nanaimo, BC

Listed by RE/MAX of Nanaimo

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